Offer!!! 40 mins FREE Tax Advice Offer!!! Tax return services starts from £99 (t&c apply)
Our Services to You
Statutory Accounts
When we prepare year-end accounts for our clients, we view it as an opportunity to discuss the recent performance and prospects for your business. This enables us to give constructive advice in all aspects of taxation and business development.
Bookkeeping
Up to date and current financial information is often key to the smooth running of your business. We can process monthly or quarterly bookkeeping as per your instructions from the source documents i.e. sales invoices, purchase invoices and bank statements, Etc.
We can provide monthly or quarterly management accounts for your business.
Management Accounts
The production of regular management accounts allows you to review the financial performance of your business. The key to making this information valuable is to work with us to use the information to improve the business strategy and process.
Management accounts helps to make fundamental commercial decisions on issue such as funding, risk minimisation and performance improvement. In addition, a direct financial benefit of management accounts can be the identification of unclaimed VAT, supplies ovepayments and pre-year-end tax planning opportunities.
Our Services to You
Self Assessment
Personal tax is central to the overall services we provide to both individual and business clients. Our objective is two-fold: we relieve you of the paperwork involved in completing self-assessment forms and checking tax demands, and more importantly, we advise on planning your affairs so that you take maximum advantage of all available tax planning opportunities.
Our specialist tax team deals with all of personal tax, including:
- Income tax
- Capital Gains tax
- Estate planning
- Trusts and Inland Revenue enquiries and investigations.
Business Development
Whether you have a young, growing business or and established organisation, we welcome the opportunity to help you achieve maximum success, by offering the following services:
- Business and management advice
- Performance improvement consultancy
- Expense reduction analysis
- IT Consultancy
- Provision of management information
- Business plans and cash flow forecasts
- Strategic planning
Our philosophy is to offer positive guidance to our clients in all aspects of their business.
Business Process Outsourcing
There are many administrative and technical functions in running any business that can be outsourced, rather than looked after from within from within the business.
The benefits of outsourcing:
You can free up more of your time to run your business:
- We help relieve you of many of the financial and administrative worries of running your own business.
- You have expert assistance in the administration of your business.
The outsourcing services that we offer include:
- Bookkeeping and accounts preparations
- Tax Returns
- Cash flow and profit forecasts
- VAT returns
- Payroll, Etc.
Our Services to You
PAYE & CIS
Administering your payroll can be time consuming and burdensome, diverting energy and resources from the core activities of your business. And the test is made all the more difficult by the growing complexity of taxation and employment legislation and the accompanying regime of penalties for non-compliance.
We have dedicated staff who can relieve you of this burden by providing a comprehensive and confidential payroll service, including:
- Customised payslips
- Administration of PAYE, national insurance, statutory sick pay, statutory maternity pay, etc
- Completion of statutory forms, including the year-end returns, to issue to your employees and submit to the Inland Revenue
- Summaries and analyses of staff costs
- Administration of pension schemes
We also take care of all monthly and yearly HMRC filing i.e. P14, P35, P60.
Corporation Tax
Corporate tax represents a substantial part of your trading costs, Moreover, increased reporting obligations, robust investigation policies on the part of the tax authorise, and harsher penalties for non-compliance means that an undue amount of your time and resources can be taken up collecting revenue for the Government.
We offer a range of services to help you minimise your corporate tax exposure and relieve you of the administrative burden of complying with tax legislation. These include:
- Determining the most tax effective structure for your business
- Taking full advantage of tax opportunities and reliefs
- Achieving the optimum capital or revenue tax treatment
- Reducing tax on disposals and maximising relief on acquisitions
- Meeting the rigorous demands of compliance including corporation tax self assessment
- Acting on your behalf in discussions with the tax authorities
- Efficient corporate tax planning can result in potentially significant improvements in your bottom line
Our Services to You
Company Secretarial
The last thing you need as a busy business owner is to use up valuable time and resources making sure you are complying with the Companies Act.
Moreover, with company legislation changing at the rate it does, you need to be sure you are fully aware of how the changes affect you and your fellow directors.
We can give you complete peace of mind in this area by carrying out your company secretarial duties for you.
- Our services include:
- Company formations
- Preparation and filling of statutory returns
- Preparation of all documentation related to minutes and resolutions
- Maintenance of statutory books
- General advice on company law
VAT Consultancy
VAT is one of the most complex and onerous tax regimes imposed on business - so complex that many businesses inadvertently overpay or underpay VAT.
The ever-widening scope of VAT, the constant stream of detailed changes to the regulations, and the ever growing demands of Customs and Excise call for a trained professional eye to ensure that you do not fall foul of the regulations, and do not pay the Exchequer more than you need to.
- We provide an efficient cost effective VAT service, which includes:
- Assistance with VAT registration
- Advice on VAT planning and administration
- Use of the most appropriate VAT scheme
- Preparation and submission of the VAT returns
- Planning to minimize future problems with Customs and Excise
- VAT health check reports
- Negotiating with Customs and Excise in disputes and representing you at you at VAT tribunals.
Our Services to You
IT Consultancy
System Documentation
Current changes in law requires corporate clients to review their internal control systems whether it prevents from fraud and other irregularities as well as un-deliberate mistakes.
Our team has excellent hands on experience on implementing of US Sarbanes Oxley requirements of internal control systems and requirements from International Standards on Auditing (ISA's).
We can access the system and implement best practices on behalf of the directors to fulfil their statutory duties.
IT Consultancy
In a word where IT is increasingly important, we offer a range of services to cover all types and sizes of business or organization.
Business systems
We currently have strategic partnership with some efficient but cost effective IT services company who can custom build systems in accordance with your business requirements.
Website
In a modern business environment whatever your size, you must have web presence to build up your image and convey information easily.
We can provide you best possible services in a cost effective manner. Due to our experience on so many companies operating on many different industries, we can advise you what information you need to keep in the web and will help to construct a value for money website with a least possible cost.
Disaster Recovery Planning
We can review your existing backup procedures and suggest and implement suitable alternatives
E-Commerce
E-Commerce is not just about trading, it is about changing the whole way in which a business relates to its customers and provides "value" for them.
Hardware and software selection
Choosing the right hardware and software for your business is vital to your success. As your business grows so do the demands on your IT systems.
Security Planning and Review
We can review your security requirements and implement a system whereby confidential without hindering your staff's ability to do their work.
To discuss your requirements please call Enam Khan on 0207 794 5045.
Our Services to you
(All our audit assignments will be carried out by our associated audit firm Parker Russell, UK)
Audit
Though business owners traditionally regard the annual audit of annual accounts as a cost centre - a necessary evil that no value to the business - we strive to transform it into a profit centre.
Besides helping you meet the statutory requirement, we also take the opportunity to contact a review of your financial and management systems. This can often result in our identifying potential problem areas and recommending opportunities to improve your business performance. We discuss the problems and opportunities with you and help you implement any agreed solutions.
We see the preparation of your annual report as an opportunity to enhance your external image. A well-prepared report can have a considerable positive impact on the perceptions of investors, potential finance sources, customers, prospect, referral sources, and even your own staff - all of which greatly improves your business prospects for the future.
Special Audits
You may need a special audit or assurance report on particular areas of your business, we will be delighted to assist you. We can provide you with:
- Grant audits
We can provide assurance and establish that funds have been spent in line with the conditions of the grants
- Quality award audits
We can provide assurance and an independent report to confirm trading activity
- Service charge audits
For tenants of leasehold properties who need assurance that funds are used appropriately
- Solicitor client money audits
Solicitors Client Money review
- Rental audits
We can provide assurance and an independent report to confirm trading activity as per tenants and landlords in rental agreements
- Internal audits
We can provide a review of internal procedures and controls exist or many need to implement, for management who want an ongoing check on how things are running. Also, we can prepare Standard Operating Procedures (SOP) for various departments.
- Due diligence of financial statements
In order to determine the value of assets and liabilities of a business, company or division at the point where it being bought or sold
- Any other assurance
We can provide other purpose assurance report i.e. IT system audit, etc
Our Services to You
Company Finance
Through our strong network of banks, investors, advisors and brokers there are a number of Corporate Finance areas we can assist business with. These include:
Equity Finance
EHK Consulting has forged strategic alliances with Business Angels and other similar equity investors, enabling fast-growing business to fulfil their potential.
Non-Equity Finance
There are a number of non-equity funding sources available and many factors need to be taken into consideration when choosing between them.
Through understanding your business and its strategic objectives, we aim to ensure you are introduced to, and choose, the right source or combination of sources of finance.
These sources may include: Banks; Asset Finance; Trade Finance; Grant Finance; Friends and families etc.
Management Buy Outs and Management Buy Ins
This route can be ideal for both vendor and management team; it can also prove to be extremely tax-efficient. We offer assistance in negotiating the purchase sale and we can advise on all the key issues. Our clients are either owners looking to sell a business to the management team, or the team itself seeking to buy a company.
Bank Relationships
The ability of your business to obtain adequate financial support from your bank can often depend just as much on the relationship you have with your bank manager, as the figures in your accounts and cash flow forecasts.
Grant Funding
There are thousands of grants currently available through a range of local, national and European initiatives.
EHK Consulting has access to specialists in this area, and we can help you assess your eligibility for grant funding.
EHK Consulting can also help your business with:
- Mergers, acquisitions and disposals
- Company valuations
- To discuss how we can help your business, contact us enam@ehkconsulting.co.uk or call us on 0207 794 5045.